(Bloomberg) — AES Corp., a U.S.-based power plant developer, said it has purchased Community Energy Solar LLC of Pennsylvania as part of a push to deploy more renewable energy.
AES didn’t disclose the terms of the deal. Community Energy, which is closely held, has developed more than 3 gigawatts of solar and energy storage projects, according to a statement. AES, based in Arlington, Virginia, said the acquisition will help it roll out more zero-carbon energy projects in the U.S.
More stories like this are available on bloomberg.com
©2021 Bloomberg L.P.
